Taxes December 2, 2025
President Donald Trump made the bold claim about an income tax-free America during a Dec. 2 Cabinet meeting, after touting the impact of his trade policies and potential “dividend” stimulus checks.
Taxes December 2, 2025
Costco is among dozens of companies to file lawsuits in a U.S. trade court since late October challenging President Donald Trump’s use of an economic emergency powers law to impose the levies.
Taxes December 1, 2025
Citing the "hundreds of billions of dollars" the U.S. is receiving in tariff revenue, President Donald Trump said his administration could completely eliminate the income tax in the U.S. over the next couple of years.
Taxes November 20, 2025
During a Nov. 19 event in Mobile, AL, U.S. Chamber of Commerce's Tom Wickham said the president's tariff policy amounts to a potential $600 billion “tax increase annually,” including about $202 billion on small businesses.
Taxes November 5, 2025
During oral arguments on Nov. 5, justices weighed whether Congress abdicated taxing power—and whether it could ever get it back.
Taxes November 3, 2025
The Supreme Court will hear oral arguments Wednesday over whether a law allows President Donald Trump to implement a worldwide tariff regime, in a case experts and lawmakers said ultimately could undermine Congress’ foundational power over taxation.
Taxes October 21, 2025
Small businesses challenging many of President Donald Trump’s global tariffs urged the U.S. Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies.
Taxes September 24, 2025
The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, 2025, cementing terms of the framework trade agreement the two sides struck almost two months ago.
Taxes September 9, 2025
The justices announced they will hear oral arguments in November on the Trump administration request to overturn lower court rulings that found the president exceeded his authority with his “Liberation Day” and other tariffs on countries worldwide.
Taxes September 8, 2025
Aides to President Donald Trump have been exploring alternative methods for imposing import taxes on foreign goods in case courts overturn the current tariffs.
Taxes September 5, 2025
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.
Taxes September 3, 2025
The Trump administration will ask the Supreme Court for an expedited ruling in hopes of overturning a federal court decision that many tariffs were illegally imposed, arguing it is essential to keep the president's trade policy intact.